Shonekan, Ernest Adegunle Oladeinde

Shonekan, Ernest Adegunle Oladeinde,

1936–, Nigerian businessman and political leader, b. Lagos. He received a law degree in 1962 from the Univ. of London and joined the United African Company in 1964, becoming chairman and chief executive in 1980. He is also a co-founder of African Capital Alliance. In Jan., 1993, he was made head of the transitional council that was to bring about a return to civilian government. In Aug. 1993, following a crisis in which President BabangidaBabangida, Ibrahim
, 1941–, Nigerian military and political leader. After graduating (1963) from Nigeria's military college, he joined the army and received further training abroad.
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 annulled the results of the June presidential election, Shonekan was installed as interim head of state, replacing Moshood AbiolaAbiola, Moshood Kashimawo Olawale,
1937–1998, Nigerian businessman and politician. A Yoruba from the southwest, he trained as an accountant at Glasgow Univ. Abiola joined the ITT Corporation (1968), becoming chief executive and chairman (1971–88) of its Nigerian
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, the presumed winner of the election. In November, General Sani AbachaAbacha, Sani,
1943–98, Nigerian military officer and political leader, b. Kano. He received military training in Nigeria and England, joining the Nigerian army in 1963.
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 seized power. During his short time in office, Shonekan tried to bring down inflation and promote accountability in government and the private sector.